Great Australian Dream 'Unachievable' For Future Generations, Study Finds

The prospect of home ownership is fading for many Aussies.

Most Aussies believe future generations will be locked out of the housing market, according to a new study.

Almost 90 per cent of Australians believe that home ownership will be out of reach of future generations, alarming new research shows.

The study, from the Australian National University, found a whopping 87 per cent of those polled were either very concerned or somewhat concerned that future generations of Aussies would not be able to afford to buy a house.

The Attitudes to Housing Affordability: Pressures, Problems and Solutions report also found 68 per cent of those without property were concerned they would never get a foothold in the market.

It found 20 per cent of those surveyed were struggling to keep up with mortgage or rental payments, while 18 per cent saying it was a constant struggle.

Two per cent said they had fallen behind on their mortgage of rent, the survey found.